Crude prices, ConocoPhillips woes batter energy shares

JasminaKelemen

HOUSTON (MarketWatch) -- Oil and gas shares continued its 2007 losing streak as crude prices tallied a loss of over 9% in the last two sessions and ConocoPhillips announced that fourth-quarter refining and marketing margins would fall significantly from the previous three months. The Amex Oil Index
XOI, +0.37%
fell 1.9% to 1,128.27 points as crude for February delivery dropped $2.73 to $55.59 a barrel. ConocoPhillips
COP, +1.99%
was among the index's biggest losers, dropping 2.1% to $66.07. The Amex Natural Gas Index
XNG, +0.01%
fell 1% to 427.14 points. The Philadelphia Oil Service Index
OSX, +0.91%
declined 2.9% to 185.63 points.

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information. Intraday data
delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc.
All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More
information on NASDAQ traded symbols and their current financial status. Intraday
data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. S&P/Dow Jones Indices (SM)
from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Financial Information and is
at least 60-minutes delayed. All quotes are in local exchange time.